Humancoin - The Currency of Kindness

What is Humancoin?

Humancoin is a revolutionary platform bringing about the synergy of philanthropy industry, retail e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion

Humancoin is a revolutionary platform that is changing the philanthropy industry for good, specifcally created to work in synergy with the e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion!

The current technology employed in the charity industry is at a relatively low level. It is common for individuals and companies that are ready to donate funds to change their mind due to:

❥ Doubts over whether the contribution will reach the recipient in full and on time, and a lack of trust in charities, due to the absence of any ofcial international organizations for evaluating their activities;❥ The complexity of cross-border payments for foreign projects, as well as potential issues in dealing with regulatory agencies;❥ Unable to discern any additional benefts when making a donation. 

Problem

Despite the rise of new mechanisms for donating, the charity industry still cannot overcome its main obstacle — a lack of trust. Donors, most of whom are private individuals, simply lack the means to verify whether their funds have reached the addressee in full and in the required timeframe, even if they transfer the money with the help of specialized organizations. According to various sources, about 20% (or more) of all donated funds end up being kept as administrative expenses by charity foundations.

Many are faced with the complexity of cross-border payments (when one wants to help a foreign recipient) and later, potential difculties with regulatory bodies. In addition, donors are forced to spend a part of their well-intentioned contribution on covering the operational costs of the transaction.

Solution

The distributed ledger technology, which is designed to put an end to the middleman, gets rid of the long charity chain composed of banks, NGOs, state bodies and law frms. Blockchain provides a digital mechanism for recording and viewing any transaction. It is important that the record cannot be hacked or modifed. Blockchain solves the trust issue by providing transparency, traceability and security.

Importantly, the new technology facilitates the development of direct fnancing platforms on a much larger scale. Philanthropists themselves can ultimately beneft from automated smart contracts as the recipients of grants will only be able to use their funds after meeting mandatory conditions. All the many advantages that blockchain delivers will spur the growth of the charity industry. This new technology is already being studied by major market players such as UNICEF, the World Bank and Bill & Melinda Gates Foundation. Over the past few years, a number of respected charitable organizations such as the Red Cross, Save the Children and United Way, among others, have already begun accepting donations in cryptocurrencies.

Token Sale

Distribution of tokens

3 055 mln For sale1 000 mln Partnership Development Fund600 mln Team reward50% blocked by smart contract for 6 months.
50% blocked for 12 months600 mln Advisors and ambassadors500 mln Consultants and exchanges245 mln Bounty, airdrop and referral program 

❥ 3,055,000,000 Humancoin tokens available at the Token Sale

❥ The price of one token is $0.01❥ Minimum purchase — 0.1 ETH

Presale Token SaleJuly 1–August 15, 2018 September 15–November 1, 2018Expected to raise $1 mln Softcap — $6 mln
Hardcap -  — $26 mln

All tokens available for sale at the Token Sale that go unsold will be burned. Tokens are allocated to the user's personal account, and will be distributed after the Token Sale has concluded and then listed on popular cryptoexchanges. 

ROADMAP

  

TEAM

More Information :

Website : https://www.humancoin.net/
Whitepaper : http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
Twitter : https://twitter.com/humancoinnet
Facebook : https://www.facebook.com/Humancoinnet/
Telegram :https://t.me/HumancoinChat
ANN Thread : https://bitcointalk.org/index.php?topic=4469466

Created by:

Username bitcointalk : soblespwk
Profil bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1807206;sa=summary
Ethereum Wallet Address : 0xF52FFe2a1e43bF80e11A054eE1f9f62143e4fb00